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C-38 - Companies Act

Section 123
Disposition versions

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123. Everyone who, being a director, manager or officer of a company, commits any act contrary to the provisions of this Part, or fails or neglects to comply with any such provisions, shall, if no penalty for such act, failure or neglect is expressly provided by this Part, be liable to a fine of not more than $200.
R. S. 1964, c. 271, s. 120; 1966-67, c. 72, s. 23; 1982, c. 52, s. 138; 1990, c. 4, s. 305; 1992, c. 61, s. 213.
123. Everyone who, being a director, manager or officer of a company, commits any act contrary to the provisions of this Part, or fails or neglects to comply with any such provisions, shall, if no penalty for such act, failure or neglect is expressly provided by this Part, be liable to a fine of not more than $200; provided that no proceeding shall be taken under this section without the consent in writing of the Inspector General.
R. S. 1964, c. 271, s. 120; 1966-67, c. 72, s. 23; 1982, c. 52, s. 138; 1990, c. 4, s. 305.
123. Everyone who, being a director, manager or officer of a company, commits any act contrary to the provisions of this Part, or fails or neglects to comply with any such provisions, shall, if no penalty for such act, failure or neglect is expressly provided by this Part, be liable, on summary proceeding, to a fine of not more than $200, or to imprisonment for not more than two months, or to both such fine and imprisonment; provided that no proceeding shall be taken under this section without the consent in writing of the Inspector General.
R. S. 1964, c. 271, s. 120; 1966-67, c. 72, s. 23; 1982, c. 52, s. 138.
123. Everyone who, being a director, manager or officer of a company, commits any act contrary to the provisions of this Part, or fails or neglects to comply with any such provisions, shall, if no penalty for such act, failure or neglect is expressly provided by this Part, be liable, on summary proceeding, to a fine of not more than two hundred dollars, or to imprisonment for not more than two months, or to both such fine and imprisonment; provided that no proceeding shall be taken under this section without the consent in writing of the Minister.
R. S. 1964, c. 271, s. 120; 1966-67, c. 72, s. 23.
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